00:00Is AUDUSD preparing for a massive breakout or a deep correction?
00:04Please watch the full video. Looking at the one-hour chart using smart money concepts,
00:09we see a very clear narrative unfolding as shown in the file the 3rd of May 2026 linked to .jpg.
00:16Price recently made a powerful bullish push into a major supply zone between 0.7215 and 0.7230.
00:24The reaction was immediate, a sharp rejection wick followed by a pullback,
00:28confirming that institutional sellers are defending this area.
00:32Despite this short-term bearish reaction, the higher time frame structure remains bullish as the higher lows stay intact.
00:38We are currently in a critical reaction phase where the market is deciding its next major move.
00:44Let's map out our key zones for your watchlist.
00:47To the upside, our primary supply zone is that 0.7215 to 0.7230 area.
00:54To the downside, we have three levels of interest.
00:57The immediate demand zone at 0.7175 to 0.7185,
01:03a stronger base at 0.7100 to 0.7120,
01:07and major demand sitting at 0.7080 to 0.7090.
01:11Here is the directional mapping based on the file the 3rd of May 2026 linked to .jpg.
01:18In the bullish scenario, we need price to hold above the 0.7170 demand.
01:23If we see a rejection candle here, it signals a continuation.
01:29Your entry would be in the 0.7175 zone, with a stop loss below 0.7155.
01:36Targets are set at 0.7200, 0.7220, and a potential supply sweep at 0.7240.
01:44In the bearish scenario, watch for a clean break below 0.7170.
01:50This shift in structure would open the door for a deeper correction.
01:53You would look for an entry on the retest of the broken demand, with a stop loss above 0.7195.
02:00Targets would be 0.7120, 0.7090, and 0.7050.
